Cap-and-Trade = The Biggest Tax Increase In U.S. History
By Phil Kerpen
Policy Director, Americans for Prosperity
President Obama opened his address to a joint session of Congress last month by saying “the economy is an issue that rises above all others.” By that standard, his key energy proposal fails badly. Obama’s proposed Kyoto-style cap-and-trade plan would be the biggest tax increase in American history. It would hit every American who fills a gas tank, pays an…
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